As of 30 April 2018, a package of five legal acts adopted on 6 March 2018 aimed at facilitating business activity entered into force in Poland.
The legal acts are:
a) Entrepreneurs Law Act;
b) Act on Ombudsman for Small and Medium-sized Entrepreneurs;
c) Act on the rules for participation of foreign entrepreneurs and other foreign persons in trade on the territory of the Republic of Poland;
d) Act on Central Registration and Information on Business Activity and Entrepreneurs Information Desk;
e) Provisions implementing the Entrepreneurs Law Act and other legal acts regarding business activity.
Since the above-mentioned legal acts amend basic aspects related to performance of business activity as well as obligations of the entrepreneurs and the administration bodies, they are collectively referred to as the “Business Constitution”.
The Business Constitution is announced to be the greatest reform of Polish commercial law since 1989. It is conceived to be counteract the flaws of existing legislature and create stable and transparent conditions of conducting business activity in Poland.
Author: Katarzyna Białek, associate at GSW Legal Grabarek, Szalc i Wspólnicy sp. k. in Warsaw, Poland